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  1. Waves
  2. Waves Launch

Tiers & Allocation

How does allocation work on Waves Launch?

Fair Distribution

Waves Nodes:

  • Waves Node Holders are the highest tier within our launchpad. By holding a node, you have guaranteed access to the sales hosted on Waves Launch.

$MMT Stakers

  • By staking $MMT, users will receive a corresponding β€˜token’ (i.e. veMMT) that represents the staked tokens. By using veMMT, users can receive an allocation by committing their tokens to the launch pool.

  • Example A: Two users have staked 10,000 and 5,000 MMT respectively. Each will receive 10,000 and 5,000 veMMT. When a sale opens on the Stations, users will have 24 hrs to commit their veMMT. Allocation is distributed based on the individual committment divided by the collectively collected veMMT. For instance, if user A commits 1,000 veMMT and user B commits 5,000 veMMT. The allocation is split accordingly based on the ratio of a user’s commitment.

By eliminating a tier system, but by replacing it with a system based on actual interest and stake in $MMT allows for a fairer and guaranteed distribution.

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Last updated 5 months ago

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